Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising…
SoftBank earnings report 2Q
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22,…
Current US K-Shaped Economy Threatens Stability
Never miss an episode. Follow The Big Take daily podcast today. The US economy appears remarkably resilient right…
Nasdaq 100 set for worst week since April meltdown
A risk-off week on Wall Street is drawing to a close, with some of the most-expensive areas of…
Life Time Posts Strong Quarter, Eyes Longevity Expansion
Founder and CEO Bahram Akradi told analysts that Life Time’s premium, highly differentiated fitness and wellness offerings are…
EchoStar Takes $16.5 Billion 5G Hit, Sells SpaceX More Spectrum
EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s…
ITV Targets Extra $46M In Cost Savings Amid “Softening Economy”
UK network ITV is planning to save another £35M ($45.7M) in the coming quarter, despite posting steady year-to-date…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris |…
AMD and Palantir set to report in another busy week
Another busy week of earnings lies ahead. About 130 S & P 500 companies are set to report…
China’s Profit Rebound Means Little for Bulls Fixated on Trade
Chinese corporates are likely to deliver their best earnings growth in years this results season. Yet, stock traders…
China Industrial Profits Soar Most Since 2023 as Price Wars Ease
Chinese industrial companies saw their earnings surge the most in nearly two years, as production revs up while…